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Credit crisis hurting clean energy sector: bankers [View All]

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Home » Discuss » Topic Forums » Environment/Energy

phantom power

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Tue Sep-16-08 09:54 AM
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Credit crisis hurting clean energy sector: bankers

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LONDON (Reuters) - The renewable energy sector will see a 21 billion euro ($29.43 billion) shortfall in debt finance by 2020, following the credit crisis and a brake on lending, a senior banker said on Monday.

Investors at a renewable energy finance conference in London tried to digest the implications of a banking hiatus following Lehman Brothers' filing for bankruptcy and Bank of America's acquisition of Merrill Lynch.

http://www.reuters.com/article/environmentNews/idUSLF19088420080915

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